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Enter Symbol:
 
Riverbed Technology, Inc. (RVBD) [hlAlert]

Rating:
Sell RVBD
down 30.85 %

Riverbed Technology, Inc. (RVBD) downgraded to Sell by Auriga U.S.A

Posted on: Friday,  Apr 16, 2010  8:25 AM ET by Auriga U.S.A

Auriga U.S.A rated Sell Riverbed Technology, Inc. (NASDAQ: RVBD) on 04/16/2010, when the stock price was $14.47. Since
then, Riverbed Technology, Inc. has gained 44.62% as of 04/24/2016's recent price of $20.92.
If you would have followed this Auriga U.S.A's recommendation on RVBD, you would have lost 30.85% of your investment in 2200 days.

Riverbed Technology, Inc. (Riverbed) has developed a solution to the fundamental problems of wide-area distributed computing. The Company’s Steelhead appliances enable its customers to improve the performance of their applications and access to their data across wide area networks (WANs), increasing transmission speeds by 5 to 50 times and in some cases by up to 100 times. Riverbed sells its products and support directly through its sales force and indirectly through distribution partners, including value-added resellers. Riverbed's wide-area data services solution consists of the Riverbed Optimization System (RiOS), the Company's software that is embedded on a general-purpose, hardware-computing platform to form its Steelhead appliances. In August 2007, the Company launched Steelhead Mobile, a software product that incorporates RiOS.

Auriga is committed to providing our clients with market information flow, investment ideas and access to industry experts. We strive to provide value through unique industry knowledge. Our growing research practice is being built with domain experts who have a strong reputation amongst institutional investors. Auriga’s research analysts have also been recognized by numerous industry publications including, The Wall Street Journal and Bloomberg. Our bottom-up fundamental approach is data point driven with a primary focus on growth sectors within the technology and healthcare verticals.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/16/2010 8:25 AM Sell
None
14.47
as of 12/31/2010
1 Week down  -3.76 %
1 Month down  -6.51 %
3 Months down  -58.57 %
1 YTD down  -149.84 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/5/2009 8:25 AM Hold
None
10.44 10.00
7/2/2009 8:25 AM Hold
None
11.30 10.00
7/2/2009 8:25 AM Hold
None
11.30 10.00

(*) Stock Price at the time of the recommendation.
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